Arif Naqvi's firm made the donation to a trust who pay for orphans in Palestine to go to school.

RANGERS money man Arif Naqvi donated more than £6million to orphans whose ­parents died during violence in the Gaza Strip.

Wealthy Naqvi’s Abraaj Capital put the cash into a trust who pay for Palestinian ­youngsters to go to school.

More than 1800 children whose families were killed in the conflict between Israel and Palestinian militants in 2009 are to benefit from the cash.

Naqvi, 50, agreed to hand over more than £6million at a Middle East economic summit with King Abdullah II of Jordan three years ago.

Naqvi said at the time: “After the tragic events in December and January, we are now ­focusing all this year’s philanthropic resources on ensuring education for the children in Gaza whose future would ­otherwise be in question.”

The Dubai-based businessman was revealed as the largest single shareholder in Rangers on Friday. He took control of almost 18 per cent of the club after investing £2million in June.

Naqvi is also the man behind Blue Pitch Holdings – listed as the main shareholders in Charles Green’s consortium, with 23 per cent of the club.

His private equity firm are one of the largest in the world, with offices in Europe, Asia, Africa and the Middle East.

Yesterday, a source said he was unhappy that his role in newco Rangers has been unveiled.

The source added: “Naqvi really wanted to stay in the background at Rangers.”

It was also revealed on Friday that Rangers boss Ally McCoist owns around 4.5 per cent. Other investors include Imran Ahmad and Richard Hughes of Zeus Capital.